At long last, the UK is shooting for the moon on clean energy
Mint Chennai|December 23, 2024
An ambitious plan revives hope but it will be a race against time
LARA WILLIAMS

Christmas came early for energy nerds with the arrival of a dense 136-page document detailing how the UK government plans to decarbonize the nation's electricity supply by 2030. There will inevitably be complaints and some details are hazy. But this long-awaited work demonstrates that there's finally a government in power in London that's actually serious about the clean power mission.

The UK's Clean Power 2030 Action Plan covers a lot of ground, all in the pursuit of three goals: achieving energy security, spurring new growth industries and reducing greenhouse gas emissions.

It starts with a precise definition of 'clean power,' in keeping with the National Energy System Operator's (NESO) characterization that said clean power should cover 100% of electricity demand by 2030, in a year with average weather conditions. However, the NESO also left room for unabated gas to pick up the slack during periods of cold, windless and cloudy weather—or dunkelflaute, as Germans call it, specifying that at least 95% of the electricity generated within the country's borders should come from low-carbon sources.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MINT CHENNAIView all
Mint Chennai

BUDGET 2025: DRIVING INDIA'S GROWTH IMPERATIVE

FY25 growth forecasts put out this month have raised warning signs for the economy

time-read
3 mins  |
January 24, 2025
Mint Chennai

Nominee Laws at Crossroads: From Trustee to Ownership, A Case for Reforms

The notion of a nominee being a mere trustee complicates the case for asset succession

time-read
3 mins  |
January 24, 2025
Mint Chennai

HUL's Minimalist asset big push for beauty portfolio

India's largest consumer goods maker just acquired one of the few profitable personal care startups in the country, signaling more consolidation as entrenched giants beef up premium offerings.

time-read
3 mins  |
January 24, 2025
Mint Chennai

India will clock fastest growth rate: Andhra CM Naidu at Davos

Andhra Pradesh chief minister N. Chandrababu Naidu has said that India's golden era has started and the country will clock the fastest growth rate.

time-read
1 min  |
January 24, 2025
Mint Chennai

Stand by DEI: It's a social and business imperative

In Greek, 'dei' means 'must'. As America swings with Trump's politics to roll back diversity, equity and inclusion initiatives, India Inc should step up to articulate why DEI is a must

time-read
2 mins  |
January 24, 2025
Mint Chennai

HDFC Bank walks loan tightrope

DFC Bank Ltd performed well in Q3FY25 but reported a high loan-deposit ratio (LDR) of 98%, indicating less-than-ideal liquidity to cover urgent fund requirements.

time-read
2 mins  |
January 24, 2025
Mint Chennai

Ireda Plans to Raise ₹5,000 Cr via QIP

Ireda said financial resources will support the growing demand for green financing.

time-read
1 min  |
January 24, 2025
Mint Chennai

Donald Trump to take virtual centre stage in Davos

Chief executives will be given the chance to lob questions at the new US President Donald Trump

time-read
1 min  |
January 24, 2025
Mint Chennai

JSW Defence, Telangana Ink MoU

JSW Defence has signed an agreement with the Telangana government to set up a facility in the state for manufacturing unmanned aerial systems.

time-read
1 min  |
January 24, 2025
Mint Chennai

American employees have lost their labour market leverage

Their pandemic gains are over as the power balance tilts away

time-read
3 mins  |
January 24, 2025